The Russia Ukraine conflict drags on into a second year Published by Hilliard MacBeth on Feb 23, 2023 The Russia Ukraine “special military operation” is now one year old and showing no signs of ending. A surprise visit of US President Joe Biden to Ukraine promising “unwavering support” ensures that the US will not cut back on assistance and that Ukraine... Read more
Hot inflation reports mean that rate hikes are not done yet Published by Hilliard MacBeth on Feb 17, 2023 The fight against inflation is far from over. The US Federal Reserve is committed to taking rates higher, even if the result is a recession or a severe market correction. Can this cycle end? This week there were economic reports showing that CPI inflation... Read more
See who is swimming naked now Published by Hilliard MacBeth on Feb 10, 2023 Famed investor Warren Buffett, of Berkshire Hathaway, has a saying about market bubbles. He says, “You only find out who is swimming naked when the tide goes out.” Is the tide going out? Who is swimming naked? As discussed last week the bear market is... Read more
The bear market in U.S. stocks is not done yet Published by Hilliard MacBeth on Feb 03, 2023 One year ago investment expert Jeremy Grantham used his experience and knowledge from a 55-year career in investment management to predict that a new bear market in stocks had begun. He was right as the stock market in the U.S. declined about 20 percent... Read more